Commercial
FOR SALE BY AUCTION - THURSDAY 11TH SEPTEMBER 2014
AT IPRO STADIUM, DERBY
COMMENCING AT 11.30 AM
DRAFT DETAILS ONLY.
This double fronted property comprises a well established former licenced public house constructed of brick under a tiled roof, having the benefit of gas central heating and some uPVC double glazing. The property has two floor accommodation, the licenced premises occupying the ground floor, and a four bedroomed managers flat on the first floor. In addition there is cellar storage.
The property is located on the corner of Hunter Street and has vehicular access into the rear yard and garden which also has the benefit of planning consent for a detached two storied building containing four, one bedroomed apartments.
ACCOMMODATION
Ground Floor -
Large Bar Area extending to 1,043 sq ft (96.9 sq mtrs) with a lobbied entrance door, Ladies and Gents wc’s and Kitchen.
First Floor
Four Bedrooms, two double and two single, Lounge, Kitchen and Bathroom.
Outside
Rear yard and garden.
Planning
The premises are in a mixed commercial and residential part of the town and have an established use as licenced premises with living accommodation above.
Planning consent has been granted for the erection of a detached two storey building within the rear garden by East Staffs Borough Council under application number P/2013/01362, to create four, one bedroomed apartments.
VAT
The sale of the property will attract VAT at the rate prevailing at the time of sale.
Directions
From Burton town centre proceed along Horninglow Street to the Derby Turn traffic island and proceed straight ahead into Horninglow Road. The premises will be found on the right hand side on the corner of Hunter Street after some 200 yards.
Vendors Solicitors/Licensed Conveyancers
Astle Paterson, 181 Horninglow Street, Burton on Trent, Staffs DE14 1NJ telephone 01283 531366
Tenure
Freehold. Vacant possession on completion.
Conditions Of Sale
The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.
The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.
Note
Prospective purchasers will need to register within the auction room before the sale commences. Two items of identity will be required together with an indication of how a contractual deposit will be paid. We do not take cash deposits.
The sale of each lot is subject to a buyers contract handling fee of £750 (inc VAT) payable on the fall of the hammer.
*Guide Prices and Reserve Prices
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. For a full definition of Guide Price and Reserve Price go to www.grahampennyauctions.com/glossary
FOR EPC’S AND LEGALS PLEASE SEE THE WEBSITE
WWW.GRAHAMPENNY.COM
Prominently located public house on busy road frontage
Planning consent for new build at rear, to provide four apartments
Main building suited to residential conversion (subject to planning)
Excellent, spacious property with real potential
EPC Rating : C
